Well, that’s that…
Anyone who was clinging to hopes of a US/China trade deal at this
weekend’s G-20 meeting just woke up to find…
1) President Trump is already talking about hitting China with
MORE tariffs if talks fail.
2) China demanding that the US lift its ban on Huawei as part
of any trade agreement.
Regarding #1, this is a clear signal that no deal is coming.
Why?
Because China’s leadership will never sign a deal that makes them look
weak.
In the context of the President’s threat of more tariffs, signing a deal
this weekend would make China’s leadership look fearful. So forget about
China coming to the table interested in signing a deal.
Regarding #2, the Chinese telecom Huawei is one of the greatest national
security threats to the US. The company has already been implicated in a slew
of crimes/ security issues ranging from spying on customers to stealing trade
secrets.
With that in mind, the notion that President Trump would even consider
allowing Huawei to gain access to US markets is ludicrous. China might as
well ask the US to change its currency from the US Dollar to the Yuan.
Put simply, NO DEAL is coming this weekend at the G-20. Both sides have
made it clear they have no interest in reaching a deal.
The bond market has been telling us this since January…
While stocks have rallied on hype and hope of a trade deal, bond yields
have plunged signaling that there will be no trade deal and that the global
economy is rolling over.
So while stocks might hold up for a few more days, starting next week, a
Crash will begin…
On that note, we are already preparing our clients for this with a 21-page
investment report titled the Stock Market Crash Survival Guide.
In it, we outline the coming collapse will unfold…which investments will
perform best… and how to take out “crash” insurance trades that will pay out
huge returns during a market collapse.
Today is the last day this report will be available to the general public.
To pick up one of the last remaining copies…
https://www.phoenixcapitalmarketing.com/stockmarketcrash.html
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research
